17 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
(Smillion)
Opening balance in the account
1,924
0930
+36
Closing balance in the account
1,956
1000
+36
Change attributable to:
1100
+36
Money market activity
+37
1200
+37
LAF today
- 5
1500
+37
1600
+37
LAF rate 4.00% bid/6.00% offer TWI 123.9 *+0.0* 8.8.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue Coupon
Price
Yield
1 week
4.99
2 years
2805
6.30
100.48
6.09
1 month
5.04
3 years
3907
6.80
101.02
6.52
3 months 5.16
5 years
5106
7.23
101.07
7.08
6 months
5.26
7 years
7305 7.60
101.72
7.40
12 months
5.63
5 years
M502 7.30
100.63
7.25
Total turnover of EF bills and notes - $7,919 million
Closed August 8, 1996
End